IGC forecasts of the global maize and wheat crop increased 2016/17

The International Grains Council (IGC) has increased to 1.035 billion tonnes 2016/17 to 8 million tons its forecast of global corn production. The step will be justified with the improved prospects for major crops in the United States and Brazil.
The forecast of world wheat production in 2016/17 also corrected upwards and is located at 748 million tons (1 million tonnes).
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